Taiwan Semiconductor Manu... (TSM)
Taiwan Semiconductor Manufacturing Max Pain By Strike
TSM trades at $273.34, 5.1% above the near-term max pain of $260 expiring Oct 3, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($175-$275), signaling increased put positioning or downside protection. Key magnetic zone at 200 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Taiwan Semiconductor Manufacturing Max Pain By Expiry
Max pain for TSM shows a downward trend from 275 to 175, indicating bearish sentiment or hedging activity. The 44% spread signals divergent expectations across timeframes. Most levels below 273.34 may cap rallies. Strong magnetic level at 200 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
Expiration Date | Max Pain | Max Pain vs Current Price |
---|---|---|
Oct 3, 2025 | 260 | n/a (n/a) |
Oct 10, 2025 | 260 | n/a (n/a) |
Oct 17, 2025 | 240 | n/a (n/a) |
Oct 24, 2025 | 250 | n/a (n/a) |
Oct 31, 2025 | 260 | n/a (n/a) |
Nov 7, 2025 | 275 | n/a (n/a) |
Nov 21, 2025 | 210 | n/a (n/a) |
Dec 19, 2025 | 200 | n/a (n/a) |
Jan 16, 2026 | 200 | n/a (n/a) |
Feb 20, 2026 | 240 | n/a (n/a) |
Mar 20, 2026 | 210 | n/a (n/a) |
Apr 17, 2026 | 230 | n/a (n/a) |
May 15, 2026 | 230 | n/a (n/a) |
Jun 18, 2026 | 210 | n/a (n/a) |
Sep 18, 2026 | 240 | n/a (n/a) |
Dec 18, 2026 | 200 | n/a (n/a) |
Jan 15, 2027 | 190 | n/a (n/a) |
Dec 17, 2027 | 175 | n/a (n/a) |
Jan 21, 2028 | 200 | n/a (n/a) |